Griffin Capital Corporation

10/16/2024 | Press release | Distributed by Public on 10/16/2024 09:29

Griffin Capital Announces Completion of Construction on 196-Unit Multifamily Community in Denver, CO

October 16, 2024

Griffin Capital Announces Completion of Construction on 196-Unit Multifamily Community in Denver, CO

Griffin Capital Company, LLC ("Griffin Capital"), a leading private real estate investment manager, is pleased to announce the completion of construction of The Riv, a newly developed nine-story apartment community in the vibrant River North ("RiNo") submarket of Denver, Colorado.

The Riv consists of 196 well-appointed units, offering residents a prime location in one of Denver's fastest-growing neighborhoods. Formerly an industrial area, the RiNo district has been transformed into a dynamic cultural hub of Downtown Denver, filled with a variety of bars, art galleries, restaurants, boutique retail, and creative office spaces, making it a highly sought-after work-live-play destination.

The nine-story podium-style community is strategically situated with walkable access to an RTD rail station stop, providing seamless connectivity to major employment centers, including the heart of Downtown Denver (LoDo), the Denver Tech Center, and Denver International Airport. This accessibility, combined with the RiNo neighborhood's unique energy and amenities, positions The Riv as an exceptional place to call home. Residents can easily explore over 150 nearby restaurants and bars, as well as take advantage of scooter, bike, and light rail options for convenient city commuting.

"We are excited to bring The Riv to life in Denver's thriving RiNo neighborhood. This community represents our continued commitment to providing high-quality living spaces in rapidly growing urban environments," said Paul De Martini, Chief Investment Officer at Griffin Capital. "Denver's highly educated workforce and the significant growth in key employment sectors such as Information, Professional Services, and Finance over the last four years have created strong demand for well-located, high-quality housing options like The Riv."

For more information, visit www.liveattheriv.com.

About Griffin Capital Company

Griffin Capital Company is a leading full-service real estate investment and management company that for nearly three decades has established a reputation for leadership and innovation led by a team of cycle-tested professionals with expertise in acquisitions, investment management, capital markets, financial reporting, legal, development, and construction management. Since 1995 the Firm has owned, managed, sponsored and/or co-sponsored approximately $23 billion in assets2 across a wide range of real estate sectors and investment structures. The Company's senior executives and employees have co-invested over $300 million in various investment verticals, aligning Griffin Capital's interest with those of its investors.

  1. Includes estimated total project costs for assets under construction.

Additional information is available at: www.griffincapital.com.

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